Black Horse MiningASX:BHL -5.00%13 Market Cap is A$12.28 Mil as of Jul. 04, 2026. GuruFocus rates ASX:BHL with a GF Score™ of 13/100. Among 2,686 Metals & Mining companies, Black Horse Mining ranks worse than 66.05% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Black Horse Mining's share price for the quarter that ended in Dec. 2025 was A$0.41. Black Horse Mining's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 64.65 Mil. Therefore, Black Horse Mining's market cap for the quarter that ended in Dec. 2025 was A$26.51 Mil.
Black Horse Mining's quarterly market cap
stayed the same
from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then
increased
from . 20 (A$0.00 Mil) to Dec. 2025 (A$26.51 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Black Horse Mining's Enterprise Value for Today is A$6.16 Mil.
Black Horse Mining (ASX:BHL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Black Horse Mining Market Cap Related Terms
Black Horse Mining Market Cap Historical Data
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The historical data trend for Black Horse Mining's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Horse Mining Market Cap Chart
Black Horse Mining Annual Data
Trend
Market Cap
Black Horse Mining Semi-Annual Data
Dec25
Market Cap
26.51
ASX:BHL vs NEM, AU: Market Cap Comparison
For the Gold subindustry, Black Horse Mining's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Black Horse Mining Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Horse Mining's Market Cap distribution charts can be found below:
* The bar in red indicates where Black Horse Mining's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Black Horse Mining's Market Cap for the fiscal year that ended in . 20 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Black Horse Mining (ASX:BHL) has a Market Cap of A$12.28 Mil as of Jul. 04, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Black Horse Mining and its competitors. According to the industry distribution chart, Black Horse Mining ranks #1774 out of 2686 companies in the Metals & Mining industry, placing it in the top 66%.
Is Black Horse Mining's Market Cap too high?
Black Horse Mining's current Market Cap is A$12.28 Mil. Based on the distribution chart, Black Horse Mining ranks #1774 out of 2686 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Black Horse Mining has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Black Horse Mining's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Black Horse Mining ranks #1774 out of 2686 companies for Market Cap. This places Black Horse Mining in the lower half of its industry. The industry median Market Cap is 21.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.71, based on 2,686 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Black Horse Mining and its competitors. For the Metals & Mining industry, the median Market Cap is 21.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Horse Mining's current Market Cap is A$12.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Horse Mining stock overvalued right now?
Black Horse Mining (ASX:BHL) has a current Market Cap of A$12.28 Mil. The current Market Cap is A$12.28 Mil. Black Horse Mining's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Black Horse Mining (ASX:BHL), the current Market Cap is A$12.28 Mil as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Black Horse Mining Ltd is a mineral exploration and development company focused on the acquisition, exploration, and development of gold projects, including the historic Mt Egerton gold mine in Central Victoria, Australia.
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